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Income Producing Mixed-Use Property- FOR SALE

  SOLD February 2023 for $330,000

1960 Avenida Borinquen, San Juan 00915


Building Size18,100 Square Feet
Land Size590 Square Meters
Units11
ZoningZU-R1 (Urban Zone Residential
ParkingStreet parking
WaterYes
SewerYes
ElectricYes
Comm. Locale 1 Proposed annual rent - $18,000
Comm. Locale 2Annual rent - $12,000
3BR-1BA Apts. 8 units
4BR-1BA Apts. 2 units
1BR-1BA Apts. 1 units

The Property consists of a three-story, mixed-use property comprising approximately 18,100 square feet, situated on a 590 square meter site. The first level consists of two (2) commercial locales which are currently operating. The second and third level are distributed between eight (8) 3BR-1BA apartments, two (2) 4BR-1BA apartments and one (1) 1BR-1BA apartment unit, for a total of eleven (11) residential units.

The Property’s neighborhood combines a mix of different uses, including commercial, residential, light industrial and public/institutional. Important uses in the area include the Sagrado Corazón Train Station, the Sagrado Corazón University, the Puerto Rico Power Authority (PREPA) central offices, Bellas Artes, Santurce’s market plaza (La Placita), Puerto Rico’s Art Museum, Pavia Hospital, Music Conservatory and the recently built Walmart Supercenter.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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